کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5066900 1476808 2013 16 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
A welfare analysis of the principle of mutual recognition
ترجمه فارسی عنوان
تجزیه و تحلیل رفاه از اصل تشخیص متقابل
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی

Countries set norms to protect consumers against ill-functioning products. In the absence of coordination, countries can set different norms and still achieve the same level of consumer protection. Such differences in specifications create barriers to trade because exporting firms incur adaptation costs. The principle of mutual recognition addresses the problem by ensuring that products lawfully manufactured in one country are acceptable in other countries, even without adaptation. The principle shifts the transaction costs of adapting to several norms from firms to consumers. We identify the winners and the losers, and we show that this principle is a source of disparity.

► Countries can set norms to protect consumers against ill-functioning products. ► The principle of mutual recognition is often adopted to promote trade. ► It ensures that products manufactured in one country are acceptable in others. ► It shifts the transaction costs of adapting to several norms from firms to consumers. ► We identify the winners and the losers.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: European Economic Review - Volume 60, May 2013, Pages 1-16
نویسندگان
,